Just hours after cutting one veteran guard Chauncey Billups Saturday, the New York Knicks were reportedly interested in acquiring veteran guard Jamal Crawford. According to Alex Kennedy of HoopsWorld.com, the Knicks are trying to work a sign-and-trade deal with the Atlanta Hawks, but the move would only work if Crawford is willing to take a significant pay cut.
New York is over the cap and has no exception money," wrote Kennedy Saturday night. "They also have few trade assets to offer. If the Hawks were willing to do a sign-and-trade with New York built around Renaldo Balkman’s $1.67 million deal, Bill Walker’s $916,000 deal and Toney Douglas’ $1.145 million deal, the Knicks would be sending out $3.73 million in salaries. The new collective bargaining agreement would allow New York to take back 150 percent plus or minus $100,000, which would give Crawford a starting salary of $5.6 million."
Last season, the 11-year veteran averaged 10.3 points per game and 3.0 assists per game.